NEW YORK, June 27 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. announced that today it has signed a seasonal sports advertising contract for radio advertising time beginning today June 27, 2008 at 2:00 pm and ending October of 2008 for broadcasts on WCBS of the New York Yankees.
SpongeTech(R)'s COO, Steven Moskowitz. "As I have said before, the company is working to continue increasing brand recognition within the New York tri- state area among millions of listeners that travel and listen to the New York Yankees baseball games. Our marketing and brand awareness campaign efforts have been increasing SpongeTech's(R) product visibility and building a strong customer base. We have been experiencing an increase in sales due to this regional program, and look forward to building out the brand at a national level. The Company will continue to provide insight to sales and revenue growth as well as corporate developments in upcoming announcements."
About SpongeTech(R) Delivery Systems, Inc.
SpongeTech(R) Delivery Systems is a development stage company, which designs, produces, and markets a unique line of reusable cleaning products for the automotive aftermarket parts industry. These sponge-based products utilize SpongeTech's(R) proprietary, patent (and patent-pending) technologies involving hydrophilic (liquid absorbing) foam and polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, the latter of which comes pre-loaded with specially formulated soaps and wax that are released when the sponge is wetted and applied to a surface with minimal pressure. The Company's primary product line has been designed specifically for automotive/vehicle applications, however, SpongeTech(R) is currently exploring additional applications for its technology including an anti-bacterial, kitchen and bath cleaner, as well as a unique 'foaming' bath sponge for children.
For more information, please visit the Company's website at: www.spongetech.com
"Safe Harbor Statement" Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-KSB for the year ended December 31, 2005, the Company's Quarterly Report on Form 10-QSB for the first quarter ended March 31, 2006. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
SpongeTech(R) Delivery Systems, Inc.
Corporate Contact:
Bill Young
877-776-6438
wayoung55@aol.com
info@spongetech.com
Investor Relations Contact:
Corporate Evolutions, Inc.
Susan U
516-482-0155
susanu@corporateevolutions.com